Frances Gagua
Taiwanese banks’ loans to SMEs rose to $305b in April
Taiwanese banks’ loans to SMEs rose to $305b in April
The bad loans ratio rose slightly to 0.25% as of end-April.
Steady margins and higher trade gains buoy Vietnamese banks’ profits in H2
Asset quality risks are expected to remain contained, Fitch Ratings said.
Thai banks grapple with slowing exports and weak consumer sentiment
Fitch has revised its loan growth estimates to 3% from 5% previously.
APAC emerging markets buck global remittance decline
China, India, and the Philippines remain “bright spots” for remittance activity, says Visa.
APAC banks grapple with rising commercial real estate risks
Office vacancies have jumped and CRE prices have dropped.
South Korea’s corporate financing dropped in May
Equity issues and IPO volumes plummeted during the month.
Balance of Taiwan’s cash card loans is $372.4b in April
There are 0.3 million cash cards recorded during the month.
Taiwanese credit card firms’ revolving credit up 2.05% in April
A total of 38.12 million credit cards were active in Taiwan as of end-April.
Credit Agricole names new chief representative officer for Indonesia
Alexis Rafiidson succeeds Xavier Roux, who is retiring.
Overseas Filipinos’ personal remittances up 3.1% in April
Remittances from the US, Saudi Arabia, and Singapore all grew.
Ant International unveils microlending service bettr
It has partnered with Thailand’s AWC to start.
Hong Kong’s ZA Bank unveils stock rebate programme
Users can also collect a big-name US stock worth up to $77.77.
Mizuho and Lombard Odier ink sustainability alliance agreement
Lombard Odier will act as a strategic advisor and consulting partner to Mizuho.
MUFG issues apology after authorities recommend administrative action
Its two companies were accused of inappropriately sharing data between them.
Japan’s SMBC and Asuene to offer decarbonisation management solutions
SMBC and Asuene floated plans to expand globally.
Kenanga Investment Bank names ex-Citi banker as iindependent non-exec director
Angeline Ong Su Ming spent two decades working in Citigroup.
DBS Hong Kong names Ed Lam as board member
Lam is the CEO of LFX Limited.
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He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
